Economy & Policy

Hungary included in US visa waiver program

The Foreign Minister has reached an agreement with Department of Homeland Security officials in Washington on Hungary’s continued inclusion in the US Visa Waiver Program.

Péter Szijjártó, Minister of Foreign Affairs and Trade, told MTI that he had also agreed on the list of legislative steps to be taken by Hungary in the interest of upholding the visa-free treatment of Hungarians in the long run.

In regards to security issues, Minister Szijjártó said the two countries’ governments both consider it a top priority to preserve their right to decide whom they allow into their territory and whom they wish to live together with. The protection of their respective countries and citizens are also key responsibilities. Both countries are devoting considerable efforts to protecting their borders.

In relation to economic ties, the Minister said the two countries’ Exim banks have agreed to jointly finance US-Hungarian investment projects. He highlighted that US businesses make up the second most important investor community in Hungary, noting that there are over 1,700 US-based firms doing business in Hungary employing some 105,000 people.

The US is Hungary’s second largest export market outside the EU, and the volume of Hungarian exports came to USD 3.5 billion last year.

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